Skip to main content

Financial Reports & Audits

Our District Navigation:

 
Meet the Board
 

 

The district’s finances are reviewed every year by an independent certified public accounting firm and by an internal auditor, and periodically by the Office of the New York State Comptroller. Reports are posted here by fiscal year, along with the district’s response to any findings.

Audit Reports by Fiscal Year:

Each fiscal year runs July 1 through June 30 and reports are posted once approved by the Board of Education. 

Fiscal Year 2025–26:Coming soon
July 1, 2025 – June 30, 2026
Financial StatementsPosts after Board acceptance
Management LetterPosts after Board acceptance
Extraclassroom Activity Fund Financial StatementsPosts after Board acceptance
Federal Single AuditPosts after Board acceptance
Corrective Action PlanPosts after Board acceptance
Fiscal Year 2024–25:6 files
External audit
Financial StatementsView PDF
Management LetterView PDF
Extraclassroom Activity Fund Financial StatementsView PDF
AUC LetterView PDF
Federal Single AuditView PDF
Corrective Action PlanView PDF
Fiscal Year 2023–24:4 files
External audit
Financial StatementsView PDF
Management LetterView PDF
Extraclassroom Activity Fund Financial StatementsView PDF
Federal Single AuditView PDF
Fiscal Year 2022–23:8 files
External audit
Financial StatementsView PDF
Management LetterView PDF
Extraclassroom Activity Fund Financial StatementsView PDF
Federal Single AuditView PDF
Corrective Action PlanView PDF
NYS Comptroller audit
Medicaid Reimbursement Analysis (January 2023)View PDF
Medicaid Reimbursement Report (January 2023)View PDF
Corrective Action Plan, Comptroller’s AuditView PDF
Fiscal Year 2021–22:9 files
External audit
Financial Statements and Independent Auditor’s ReportsView PDF
Management LetterView PDF
Extraclassroom Activity Fund Financial StatementsView PDF
AUC LetterView PDF
Federal Single AuditView PDF
Corrective Action PlanView PDF
Internal audit
Internal Controls of the Food Service Cycle (June 2022)View PDF
Annual Risk Assessment Update (June 2022)View PDF
Key Control Reports (March 2022)View PDF
Fiscal Year 2020–21:8 files
External audit
Audited Financial StatementsView PDF
Management LetterView PDF
Federal Single AuditView PDF
Corrective Action PlanView PDF
Internal audit
Internal Controls of the Grants Cycle (June 2021)View PDF
Corrective Action Plan, Grants CycleView PDF
Annual Risk Assessment Update (June 2021)View PDF
Corrective Action Plan, Risk Assessment UpdateView PDF
Fiscal Year 2019–20:5 files
External audit
Audited Financial StatementsView PDF
Management LetterView PDF
Independent Auditor’s ReportView PDF
Internal audit
Annual Risk Assessment Update (June 2020)View PDF
Corrective Action Plan, Risk Assessment UpdateView PDF

What Each Report Is:

Financial Statements:The annual financial statements, audited by an independent certified public accounting firm.
Management Letter:The auditor’s recommendations for strengthening financial controls.
Extraclassroom Activity Fund Financial Statements:The audit of student club and activity accounts.
Federal Single Audit:The required audit of how the district spends federal grant funds.
Corrective Action Plan:The district’s written response to each finding, approved by the Board of Education.
Internal Audit:Reviews of selected business processes and risk assessments by the district’s internal auditor.

State and Transparency Reports:

Financial Transparency Report (2023–24)View PDF
Financial Transparency Report (2022–23)View PDF
Financial Transparency Report (posted May 2022)View PDF
Office of the NYS Comptroller: School District AuditsView Web page
Office of the NYS Comptroller: Fiscal Stress MonitoringView Web page

Board of Education Audit Committee:

The Audit Committee helps the Board of Education oversee the district’s audits. It meets with the independent and internal auditors, reviews each report, and monitors the corrective action plan for any findings. Meeting dates and details are on the BOE Audit Committee page.

Questions about the Audit Reports?

Call the District Office and ask for the Business Office, or share feedback through Babylon Talks.

Call 631-893-7900

panther pride